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National Utility Financial Statement model (NUFS). Volume I of III: Model overview and description. Final report

Technical Report ·
DOI:https://doi.org/10.2172/7033029· OSTI ID:7033029
The National Utility Financial Statement (NUFS) model which takes the output for the electric utility sector from the Midterm Energy Forecasting System (MEFS) model and forecasts electric utility financial statements is described. NUFS forecasts separately for public and investor owned utilities, the following tables for each region on an annual basis: income statement; balance sheet; sources and uses of funds; development of revenue requirement on an annual basis; reconciliation of tax expenses, current taxes and income taxes at a 46% statutory rate; interest coverage; external financing as a percent of total uses of funds; AFUDC as a percentage of total uses of funds; book value and market to book rate; dividends per share; and actual return on equity. In addition, NUFS has been designed to supply inputs to the MEFS iterative solution process. The first such input is the fixed charge rates for each plant type. This quantity is used to form the objective function for the MEFS electric utility model. The second set of inputs are for the existing MEFS electricity price forecasting module. These inputs are referred to as pricing coefficients and old money revenue requirements.
Research Organization:
ICF, Inc., Washington, DC (USA)
OSTI ID:
7033029
Report Number(s):
DOE/EIA/10579-T1-Vol.1; ON: DE83001092
Country of Publication:
United States
Language:
English